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China Accounting Alert – September/October 2021 – MOF releases announcement on the equivalence of accounting standards between China and Switzerland
China Accounting Alert is the monthly executive update for Mainland China and Hong Kong on recent developments in local and international financial reporting, and related hot topics and emerging issues. China Accounting Alert is designed to help keep you one step ahead by providing easy access to the information you need, all in one place. It is not intended to be a substitute for reading the financial reporting standards or other appropriate authoritative guidance, to which reference should be made for a full understanding of the relevant subject matters.
Matters covered in this issue include: MOF releases announcement on the equivalence of accounting standards between China and Switzerland; CSRC publishes Accounting Regulatory Report on 2020 Annual Financial Reports of Listed Companies; CSRC publishes 2020 Annual Analysis Report on Securities Audit; The Shanghai Stock Exchange (SSE) issues Formats of Quarterly Reports; The Shenzhen Stock Exchange (SZSE) issues Formats of Quarterly Reports; MOF issues product cost accounting system of oil and pipeline network industry; etc.
Please feel free to contact your EY client service professionals for further assistance if you find the provision of China Accounting Alert have an impact on your business operations.